No Extension of Date for Filing of
Returns due by 30th September for Assessment Year 2015-16 for Certain
Categories of Assessees Including Companies, and Firms and, Individuals Engaged
in Proprietary Business/Profession etc. whose Accounts are required
to be Audited; Taxpayers are Advised to file their Returns Well in Time to
Avoid Last Minute Rush
Income-tax returns for Assessment
Year 2015-16 for certain categories of assessees viz companies, firms and
individuals engaged in proprietary business/profession etc. whose accounts are
required to be audited, are to be filed by 30th September, 2015. The audit
report is also required to be filed by the said date.
The Government has received
representations from various stakeholders seeking extension of date for filing
of returns and tax audit reports beyond 30th September 2015. The reasons cited
are delay in notifying the returns and related delay in availability
of forms on the e-filing website.
The matter has been considered.
Income-Tax Returns Forms 3,4,5,6 and 7 which are used by the above
mentioned categories of assessees were notified for Assessment Year 2015-16 on
29.07.2015.
The forms were e-enabled and were
available on the e-filing website of the Department from 7th August 2015 giving
enough time for compliance. The changes made to these forms are not extensive
as compared to the earlier years. Further taxpayers entering into either
international transactions or specified domestic transactions are required to
file their returns by 30th November 2015 only.
After consideration of all facts, it
has been decided that the last date for filing of returns due by 30th September
2015 will not be extended. Taxpayers are advised to file their returns well in
time to avoid last minute rush.
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